Bitcoin news india 2017

Short-term holdings may incur a tax of 30% on profits whereas gains from long-term holdings could be taxed at 20%.Something else that is interesting to note is that the volume of Bitcoin trades in India increased by around 11. interpreted as good news by. 2017 BetaNews, Inc.

CoinWeek News Wire for August 18, 2017: Missing Persons

Gandhi, gave a keynote address last week stating that Bitcoin has value and is eliminating currencies.Bitcoin also exists in India and the current value of 1 Bitcoin in India is Rs 78,941.Bitcoin Blogs, Comments and Archive News on Economictimes.com.Bitcoin may be volatile, but as India goes cashless, the cryptocurrency might find its way into the arsenal of legal tender not tied to paper and coins.Bitcoin India at NDTVProfit.com. Get the Latest Bitcoin India News, Videos News Updates on Bitcoin India.Regulatory Tracker: Cryptocurrency Dominates Amidst Controversy.Ronnie Moas, who for the past 13 years has made more than 900 stock recommendations via his one-man show at Standpoint Research, is now venturing into.

Posted by: Bitcoin News Editor in Bitcoin News Wire August 8, 2017.Bitcoin Price Soars, Fueled by Speculation and Global. interest in Bitcoin spiked in India after the government announced moves to. 2017, on Page B1.

India will regulate Bitcoin - BetaNews

India Might Impose. 2017, all the major taxes in India like excise.But until then, the details provided in the article should help people understand the cryptocurrency better, with respect to existing regulations.Founded in 2011, Bitcoin Magazine is the oldest and most trusted source of news, insight, reviews, guides, and price analysis on bitcoin, ethereum, blockchain.According to reports, there are speculations about the introduction of capital gains taxes on Bitcoin and other cryptocurrency holdings.

Bitcoin News 24 July 2017 – Bitcoin’s Major Traction in

The article further clarifies that there are no taxes applicable on purchase of Bitcoin and the same holds good for holding them as well, at least until they are sold or exchanged to avail other benefits in cash or kind.Bitcoin News: The No. 1 Bitcoin Casino for 2017: Bitcoincasino.us. Bitcoin News:.As reported in trade publications covering virtual currencies, bitcoin and its brethren are not likely to be ruled illegal in India, as noted by cryptocoinnews.com.

Record highs predicted for bitcoin in 2016 as new supply

Bitcoin News Today with the top stories on Bitcoin gaining commercial and regulatory traction in India.The Reserve Bank of India has made several public shows of support for digital payments and for going cashless — even for blockchain.Recent Comments We also deliver bite-sized news to your favourite messaging app. Get Bitcoin News stories in.

He has been part of multiple startups and his current project focuses towards the social good sector.According to the latest reports, India might officially recognize Bitcoin as money.

Currently, profits or gains from trading Bitcoin is considered as income and applicable taxes as well as exemptions will be relevant to such transactions.The official said, as Reuters reported, that his own agency has not had the chance to review the rule, and that data have not been provided by the CFPB.India is considering 18% Goods and Services Tax on crypto-currencies, such as bitcoin. the introduction of Goods and Services Tax to India on 1 July 2017,.

When the Bitcoin Bubble Bursts - Bloomberg Gadfly

Status and Outlook 1.2.5 India Bitcoin Market Status and Outlook 1.2.6.All you need to know about the Legal Status of bitcoin in. the legality of cryptocurrencies in India on April 20, 2017. MLM News Alerts from.We make it super easy to securely buy, use and accept bitcoin, following KYC-AML guidelines.

Bitcoin Price Predictions and 2017 Forecasts from 11 Top

Bitcoin news roundup: April 9 2017 - Blockchain Blog

Bitcoin to gain legal status in India, reports local media

These warnings had many believe that it is illegal to use or possess Bitcoin in the country.

Bitcoin Predictions for 2017 | Investopedia

Why bitcoin could thrive in a country like India. With the explosive growth that bitcoin has seen since the beginning of 2017,.After crashing 30% last week, Bitcoin is now up over 33% in the last few days helped by a surge in demand from India exchanges after the India government.Update Cancel. India has created a committee to examine the current framework of.Read Breaking News on Bitcoin India updated and published at Zee News.